Unit APPLIED CORPORATE FINANCE

Course
Quantitative finance and data science for economics
Study-unit Code
A001939
Curriculum
Quantitative and computational finance
Teacher
Alberto Burchi
Teachers
  • Alberto Burchi
Hours
  • 63 ore - Alberto Burchi
CFU
9
Course Regulation
Coorte 2025
Offered
2025/26
Learning activities
Caratterizzante
Area
Discipline aziendali
Academic discipline
SECS-P/11
Type of study-unit
Obbligatorio (Required)
Type of learning activities
Attività formativa monodisciplinare
Language of instruction
English
Contents
Table of Contents

Part One: Value
Part Two: Risk
Part Three: Best Practices in Capital Budgeting
Part Four: Financing Decisions and Market Efficiency
Part Five: Payout Policy and Capital Structure
Part Six: Options
Part Seven: Debt Financing
Part Eight: Risk Management
Part Nine: Financial Planning and Working Capital Management
Part Ten: Mergers, Corporate Control, and Governance
Part Eleven: Conclusion
Reference texts
Brealey, R. A., Myers, S. C., & Allen, F. (2019). Principles of corporate finance. 13th International edition.
Educational objectives
The course describes the theory and practice of corporate finance.
In this course we show how managers use financial theory to solve practical problems. Much of the course is about understanding what financial managers do and why. But let's also say what financial managers should do to increase the value of the company.
Great attention is paid to international aspects through case studies and group work.
Prerequisites
No
Teaching methods
1. Frontal lesson
2. Case study
3. Group learning
4. Problem Solving
5. Role playing
6. Assignment
7. Discussion
Other information
No
Learning verification modality
Written exam with open answer questions Students' presentation of seminars on topics regarding the teaching course
Extended program
Table of Contents

Part One: Value
Ch. 1 Introduction to Corporate Finance
Ch. 2 How to Calculate Present Values
Ch. 3 Valuing Bonds
Ch. 4 The Value of Common Stocks
Ch. 5 Net Present Value and Other Investment Criteria
Ch. 6 Making Investment Decisions with the Net Present Value Rule

Part Two: Risk
Ch. 7 Introduction to Risk and Return
Ch. 8 Portfolio Theory and the Capital Asset Pricing Model
Ch. 9 Risk and the Cost of Capital

Part Three: Best Practices in Capital Budgeting
Ch. 10 Project Analysis
Ch. 11 How to Ensure that Projects Truly Have Positive NPVs
Ch. 12 Agency Problems and Investment

Part Four: Financing Decisions and Market Efficiency
Ch. 13 Efficient Markets and Behavioral Finance
Ch. 14 An Overview of Corporate Financing
Ch. 15 How Corporations Issue Securities

Part Five: Payout Policy and Capital Structure
Ch. 16 Payout Policy
Ch. 17 Does Debt Policy Matter?
Ch. 18 How Much Should a Corporation Borrow
Ch. 19 Financing and Valuation

Part Eleven: Conclusion
Ch. 34 Conclusion: What We Do and Do Not Know about Finance
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